NOT LISTED FOR SALE

2900 University Ave SE Unit 408 Minneapolis, MN 55414

Prospect Park Neighborhood

Estimated Value: $279,000 - $307,000

3 Beds
2 Baths
1,224 Sq Ft
$679/mo HOA Fee

Last Sold August 18, 2023

Last sale price $290,000 $237 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,569/month

20 Days on Market

Highlights

  • 28,445 Sq Ft lot
  • Lobby
  • Forced Air Heating and Cooling System
  • Living Room
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of August 2023

Rare large 3-bedroom corner unit with views of The University of Minnesota campus including Huntington Bank Stadium and Mariucci Arena. This condo features 2 full bathrooms, balcony, stacked washer & dryer, and 2 indoor heated parking stalls! Condo was recently painted throughout and has all new easy maintenance flooring. Open concept kitchen has stainless steel appliances, wood cabinets with dovetailed drawers, pantry, and built-in microwave. Enjoy the convenience of living within walking distance of campus, a light rail stop, shopping, restaurants and more.

Last Agent to Sell the Property

Chris Carrow

Coldwell Banker Realty Brokerage Phone: 612-802-5592 Listed on: 07/06/2023

Coldwell Banker Realty

Last Buyer's Agent

Scott Swennes

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 2007

Lot Details

  • 0.65

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Secure Parking

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3002923130088

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (612) 238-2362
  • High-Rise Condominium
  • Cic 1795 M Flats Subdivision
  • Car Wash Area

Additional Features

  • Lobby
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,855

Year Built

Built in 2007

Lot Details

0

HOA Fees

$679 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Elevator(s), Lobby Entrance, Security
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 1224
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-802-5592
  • Attribution Contact: 612-802-5592
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1224
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • Neighborhood: Prospect Park - East River Road

Garage/Parking

  • Parking Features: Assigned, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 612-238-2362
  • Association Fee: 679
  • Association: Yes
  • Amenities Unit: Balcony,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 28444.68
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3002923130088
  • Tax Annual Amount: 3855
  • TaxWithAssessments: 3854.5400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 11, 2023
Sold by
Stang Jamie S and Stang David A
Bought by
Tyan Andrew E
Seller's Agent
Chris Carrow
Coldwell Banker Realty
Buyer's Agent
Scott Swennes
RE/MAX Results
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Views
44
Current Estimated Value
$296,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,525
Avg. Annual Appreciation
1.04%
Original Mortgage
$275,500
Outstanding Balance
$269,222
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$27,303

Purchase Details

Closed on
Oct 30, 2014
Sold by
Stang Jamie and Kusner David
Bought by
Kusner Tristan S and Stang Jamie S

Purchase Details

Closed on
May 15, 2009
Sold by
M Plats Llc
Bought by
Felton David A and Felton Sarah A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tyan Andrew E $290,000 Burnet Title
Kusner Tristan S -- Midland Title
Stang Jamie $215,000 Midland Title
Felton David A $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyan Andrew E $275,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $290,000 +1.8% $237 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $285,000 -- $233 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,861 $279,000 $40,000 $239,000
2023 $3,823 $302,000 $40,000 $262,000
2022 $3,768 $302,000 $40,000 $262,000
2021 $3,639 $282,500 $40,000 $242,500
2020 $3,693 $282,500 $12,200 $270,300
2019 $3,679 $266,500 $12,200 $254,300
2018 $3,423 $258,500 $12,200 $246,300
2017 $3,427 $236,500 $12,200 $224,300
2016 $3,405 $228,500 $12,200 $216,300
2015 $3,676 $218,500 $12,200 $206,300
2014 -- $196,000 $12,200 $183,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6397598

NorthstarMLS

APN: 30-029-23-13-0088